VICI Properties Inc. $VICI Shares Acquired by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ increased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 11.3% during the third quarter, Holdings Channel.com reports. The fund owned 351,917 shares of the company’s stock after buying an additional 35,789 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in VICI Properties were worth $11,476,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. State of Wyoming purchased a new position in VICI Properties during the second quarter worth approximately $26,000. Parvin Asset Management LLC acquired a new stake in VICI Properties in the 2nd quarter valued at $27,000. Hantz Financial Services Inc. grew its stake in VICI Properties by 489.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock valued at $28,000 after acquiring an additional 724 shares during the period. Headlands Technologies LLC purchased a new stake in VICI Properties in the 2nd quarter worth $28,000. Finally, Godsey & Gibb Inc. acquired a new position in VICI Properties during the third quarter worth $29,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Price Performance

VICI Properties stock opened at $30.23 on Tuesday. The company’s 50 day moving average is $28.49 and its two-hundred day moving average is $30.25. The firm has a market cap of $32.30 billion, a PE ratio of 11.54, a price-to-earnings-growth ratio of 2.99 and a beta of 0.70. The company has a quick ratio of 3.60, a current ratio of 3.60 and a debt-to-equity ratio of 0.60. VICI Properties Inc. has a 52-week low of $27.48 and a 52-week high of $34.03.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, December 17th were issued a dividend of $0.45 per share. The ex-dividend date was Wednesday, December 17th. This represents a $1.80 annualized dividend and a yield of 6.0%. VICI Properties’s dividend payout ratio is 68.70%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on VICI. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research report on Monday, December 29th. Wells Fargo & Company reiterated an “equal weight” rating and set a $32.00 price objective (down from $36.00) on shares of VICI Properties in a research note on Tuesday, November 18th. Stifel Nicolaus decreased their target price on VICI Properties from $35.00 to $34.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Cantor Fitzgerald set a $33.00 target price on shares of VICI Properties in a research note on Monday, January 5th. Finally, Mizuho dropped their price target on VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, December 17th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $33.85.

About VICI Properties

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.